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A comment on Bank of Japan Is an Estimated Top 10 Holder in 90% of the Nikkei 225. Parent comment

Re:Bank of Japan Is an Estimated Top 10 Holder in 90% of the... by ryandrake on Monday April 25, 2016 @03:54PM (#11566846)
It's funny, as someone who was still a kid back in the 80s, the idea of a 6% mortgage sounds ridiculous to me. How on Earth could someone afford to pay all that interest? Yet, mortgage rates were at times in the past over 15% (!!!)
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Re:Bank of Japan Is an Estimated Top 10 Holder in 90% of the... by rco8786 on Monday April 25, 2016 @04:10PM (#11566951)
It's not so bad when the actual price of the home is 30% lower.
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Re:Bank of Japan Is an Estimated Top 10 Holder in 90% of the... by ChuckMcM on Monday April 25, 2016 @05:23PM (#11567481)
The interest rate on my first house in Sunnyvale was 13% and it adjusted every 6 months. Of course the house cost $153,000. Still it took both my wife and I working (she is also an engineer) to make the payments and we didn't have kids yet.

At the same time my Vanguard money market account was paying 15% annual interest. That was pretty awesome.

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Re:Bank of Japan Is an Estimated Top 10 Holder in 90% of the... by WaylonKenning on Monday April 25, 2016 @07:31PM (#11568233)
In New Zealand, interest rates were around 8% when I was growing up, and were around 20% when my parents bought a house. Would have been cheaper to put it on your credit card...
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Re:Bank of Japan Is an Estimated Top 10 Holder in 90% of the... by tonfa on Monday April 25, 2016 @05:43PM (#11567614)
Because inflation? I assume the "real interest rate" was much lower.
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